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Urgent: Gold down on positive U.S. data

Xinhua, August 19, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as upbeat U.S. data further buoyed speculation that the Federal Reserve is moving toward the rate hike.

The most active gold contract for December delivery fell 1.5 U. S. dollars, or 0.13 percent, to settle at 1,116.90 dollars per ounce. Endite